961 Lakeshore Road W, Mississauga
961 Lakeshore Road W in Mississauga - 8 bedroom, 7 bathroom. Listed at $1,549,900.
The Land Speaks for Itself. A property of this scale rarely surfaces in Lorne Park. At 103 feet of prime frontage on Lakeshore Rd W, this oversized lot offers a genuine choice: build the landmark luxury estate this address deserves or pursue a boutique development play. In the meantime, the property works hard. Two detached homes - each on independent water, gas, and hydro meters - generate approximately $8,500/m in rental income, giving you a productive hold while you plan and permit. The infrastructure is already in place: an oversized two-car detached garage and an expansive driveway accommodating 10+ vehicles - rare utility for a lot of this calibre. The location needs little elaboration. Steps to the Lake Ontario waterfront and its trails. Walking distance to top-ranked schools. Minutes to Port Credit Village, the QEW, and GO Transit. Surrounded by custom residences in the multi-million-dollar range - the neighbourhood sets the ceiling high. Whether your vision is a private estate or a curated development, the fundamentals here are hard to replicate
Property Details
- Property Type: Mortgage
- Style: 2-Storey
- Square Footage: 2750 sqft
- Basement: Finished with Walk-Out
- Heating: Gas
- Cooling: Central Air
- Parking: 12 spaces
- Property Taxes: $9,552.9/yr
- Neighbourhood: Lorne Park
- Postal Code: L5H 1H8
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